Finance Assistant at Catholic Caritas Foundation of Nigeria (Caritas Nigeria)

Summary of Role

• The finance assistant will provide support to the finance department in various tasks and responsibilities. She/ He will assist in the day-to-day financial operations of the organization. she/ He will be responsible for requesting of funds from CCFN, and ensuring these funds are liquidated monthly using the approved reporting format as agreed with CCFN.
• She/ He will provide support in the financial operations of the organization working with the program team to ensure accurate and timely processing of financial transactions and document management. She/ He is expected to have strong organizational skills, and ability to work with numbers will be key to deliver on this role.
• Overall, the role of a finance assistant is crucial in maintaining financial stability and accuracy within an organization. Their support and assistance to the finance department enable efficient financial operations and contribute to informed decision-making

Key Roles & Responsibilities

• Processing financial transactions: This involves recording, organizing, and inputting financial data into the organization’s systems. She/ He will be responsible for managing invoices, payments, and expenses, ensuring accuracy and timely processing
• Monitoring and maintaining financial records: She/ He will be responsible for organizing and maintaining financial records, ensuring that they are up-to-date, easily accessible, and in compliance with donor regulations.
• Data Entry: Input financial data into the accounting system (approved CCFN reporting template) and perform regular data reconciliation to identify and resolve discrepancies.
• Bank reconciliations: She He will help with reconciling bank statements with the organization’s financial records. This involves comparing and matching transactions to ensure accuracy and resolve any discrepancies
• Assisting in budgeting and forecasting: He/she will support the Program team in preparing budgets and financial forecasts by collecting and analyzing financial data and preparing reports
• Assisting in financial reporting: He/she will help prepare financial reports, including profit and loss statements, balance sheets, and cash flow statements. He/she will ensure that these reports are accurate and can provide valuable insights to management and stakeholders.
• Assisting in audits and compliance: He/ She will assist in preparing documentation and providing support during internal and external audits. He/she will help ensure compliance with financial/donor regulations and origination’s policies
• Budget Monitoring: She/ He will Support the monitoring and tracking of origination’s budgets, highlighting any variances to the finance team.
• Compliance: She/ He will ensure compliance with all financial/donor regulations and standards, both internally and externally, and recommend improvements to enhance financial controls.
• Vendor Management: She/ He will Maintain vendor information, including contracts, payments, and invoices, and assist with vendor queries and requests.
• Communication: She/ He will collaborate with internal teams to obtain necessary financial information and provide timely responses to inquiries related to financial transactions.
• Support: She/ He will provide general administrative support to the finance team, including filing, document management, and other ad-hoc tasks as assigned.